Insurance Broker Services Tender - Western Cape

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Description

Appointment of an insurance broker in accordance with the given scope for a period of 36 months

What this tender is about

Overberg Water is inviting proposals for the appointment of an insurance broker. This service contract will be for a period of 36 months. A compulsory briefing session will be held on 16 October 2026 at 11:00. Bidders must submit their proposals by 12:00 on 05 November 2026. The delivery location for submissions is 1 Niblick Way, Somerset West, Cape Town, 7137. This tender is for services within the Western Cape province.

Scope of work

• Appointment of an insurance broker for a period of 36 months.
• The scope includes various insurance categories such as Assets All Risks, Property Damage, Business Interruption, Public Liability, Commercial Crime, and Directors & Officers Liability.(Commercial_crime_schedule_RFP OW 0..., sheet Assets all risks)
• Specific insured amounts are detailed for property, plant, machinery, office contents, electronic equipment, and business interruption.(Commercial_crime_schedule_RFP OW 0..., sheet Assets all risks)
• Coverage extends to transportation, including motor vehicles and trailers, with specified third-party liability limits.(Commercial_crime_schedule_RFP OW 0..., sheet Transportation)
• Liability insurance includes Public, Pollution, Products, and Negligent Advice, with specified first amounts payable.(Commercial_crime_schedule_RFP OW 0..., sheet Liability & Comm Crime)
• Commercial Crime insurance covers specific employee roles and third-party computer crime.(Commercial_crime_schedule_RFP OW 0..., sheet Liability & Comm Crime)
• Directors & Officers Management Liability covers wrongful acts, with sub-limits for pre-investigation and investigation costs.(Commercial_crime_schedule_RFP OW 0..., sheet D&O)
• Staff benefits include Death and Permanent Total Disability, Temporary Total Disability, and Medical cover for adults and children.(Commercial_crime_schedule_RFP OW 0..., sheet SB & PA)

How to submit

• Proposals must be submitted by 12:00 on 2026-11-05 to 1 Niblick Way, Somerset West, Cape Town, 7137.

What is in the documents

• Commercial_crime_schedule_RFP OW 004 2026-27.xlsx

  This document details the insured amounts, premiums, and coverage for various insurance classes including Assets All Risks, Transportation, Liability & Commercial Crime, Directors & Officers Liability, and Staff Benefits & Personal Accident for Overberg Water.

Tender documents (2)

• PDFRe-Advert RFP OW 004 Insurance Broker 2026-2027.pdf
• XLSCommercial_crime_schedule_RFP OW 004 2026-27.xlsx

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